Private Banking Associate Position

Location: Temple TX

Position Purpose:

Private Banking is responsible for developing managing and retaining full personal relationships with high income/high net worth Private Banking Clients. The Private Banking Associate is responsible for managing a smaller select portfolio of high-net-worth clients while primarily supporting Private Bankers in servicing a larger deposit portfolio. This role focuses on ensuring excellent client service deepening relationships and partnering with internal Wealth & Trust teams and Raymond James advisors to provide comprehensive financial solutions. The Private Banking Associate plays a key role in relationship management servicing deposit accounts and client advocacy.

Essential Duties and Responsibilities:

• Work closely with up to three Private Bankers to structure onboard and service deposit and lending solutions that align with client goals.
• Service deposit relationships and a portfolio of clients by planning delivering and regular review with clients. Deliver a high degree of personal contact and open communication among clients and internal team creates an extraordinary experience.
• Accurately process customer service requests including but limited to new account opening updating accounts and assistance with alternative delivery channels i.e. online banking debit cards and mobile banking.
• Assist Private Bankers in pricing strategies and retention efforts to exceed customer expectations.
• Establish and maintain strong relationships with existing Private Banking clients serving as their primary point of contact for all banking needs.
• Identify and develop new relationships of potential Private Banking Clients both internal and external to the bank.
• Collaborate with other departments within the bank to ensure that clients receive excellent service and that the banks goals are achieved.
• Identify additional opportunities from existing clients and leverage all resources and other colleagues to successfully become the clients lead or sole provider.
• Coordinate commercial consumer and other loan requests through established processes.
• Develop detailed knowledge of products and services offered by Extraco Corporation including commercial loans consumer loans depository accounts consulting etc.
• Maintain accurate and up-to-date records of client interactions sales activities and performance metrics.
• Participate in community events to promote the bank and build relationships with potential clients.
• Keep up to date with industry trends and regulations to ensure compliance.
• Will work on projects with limited complexity in a support and advisory role.

Performance Measurements:

• Functions and banking services are effectively performed and completed in accordance with established Extraco policies procedures and legal and regulatory requirements.
• Documents and reports are completed accurately efficiently and in a timely fashion.
• Good working relationships and partnerships exist with Extraco personnel management customers and vendors.
• Adheres to prescribed KPI goals including but not limited to new business acquisition product deposit loan growth Client satisfaction and Client retention.

Qualifications:

Education/Certification:

Bachelors degree in Business Finance or related field preferred

Skills/Abilities:

• Strong relationship management and team building skills; views team concept as critical to model.
• Effective oral and written communication skills. Good communication and public relations skills.
• Ability to cooperate with and assist others both externally and internally.
• Good organizational and time management skills with ability to handle multiple tasks under tight time frames.
• Goal-oriented and driven to achieve individual and team objectives.
• Attention to detail and accuracy.
• Understanding of banking regulations and compliance requirements.
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
• Ability to accept instruction prioritize and follow through on work assignments.
• Ability to write reports business correspondence and procedural manuals.
• Ability to calculate figures such as interest ratios loan growth and percentages.
• Ability to operate modern office equipment and software.

Working Conditions/Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

• While performing the duties of this Job the employee is regularly required to stand; sit; use hands to finger handle or feel; reach with hands and arms and talk or hear. The employee is occasionally required to walk.
• The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision distance vision depth perception and ability to adjust focus.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

• The Private Banking Associate will work in an office environment but may also need to travel to meet with clients as needed. The noise level in the work environment is usually moderate.

Required Experience:

IC